Monday, February 27, 2006

Wal-Mart , Under Pressure, Sweetens Health Care Offerings

The world's largest retailer also said it would expand its cheapest health insurance option, an $11-a-month plan that has been offered in selected areas. The "value plan," which costs about $20 for families and allows three doctor visits and three prescriptions before a $1,000 deductible kicks in, will be offered to half of the company's employees, Wal-Mart said....

The company said the number of employees covered by its health plans increased slightly last year to 46% — below the national average of 60%. It said almost one-third of its workers get health insurance elsewhere, which critics say is evidence that the retailer relies on state programs and other companies to cover its workers.